Article may be outdated

This article is 81 days old. Some details may have changed since publication.

The Hindu·2 min read·easy

ED arrests promoters of Earth Infrastructures Ltd. in home buyer fraud case

ED arrests promoters of Earth Infrastructures Ltd. in home buyer fraud case
AI Summary

The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Limited—Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta, and Vikas Gupta—in a home buyer fraud case. The group allegedly collected ₹2,004 crore from over 19,425 buyers, diverting ₹467 crore and leaving projects incomplete.

Why it matters

This case highlights the ongoing issue of real estate fraud and the efforts of law enforcement to protect consumers and investors from financial misconduct, underscoring the risks in the property market.

Dive DeeperCreate a free account to unlock

The Enforcement Directorate (ED) has arrested the promoters of Earth Infrastructures Limited in an alleged home buyer fraud case. They have been identified as Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta, and Vikas Gupta. The agency produced them before a special court in Delhi and secured their custody for five days.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomyworld
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 80%

The article reports factual arrests and allegations from official sources without expressing an opinion or political agenda.

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in